What happened to Market Village?

Market Village in the Stratford Centre (East London) closed in January 2024 after its operator went into administration, affecting over 60 traders. However, the site was saved when Newham Council stepped in to take over the lease, with plans to revitalize the area.

When was Market Village demolished?

Market Village announced in early 2017 that it would be hosting its final Chinese New Year celebration, and formally closed on March 1, 2018. Demolition of Market Village officially began in October 2018 with west wing of mall demolished in December 2018.

Why are town centres in decline?

The reasons? The rise of online shopping, rising business rates and, according to the store's general manager, a lack of support for independent retailers. Woven into the fate of town and city centres is something that a lot of progressives avert their eyes from.

Which high street shops are struggling?

This is part of efforts to trim its estate from around 800 sites to between 650 and 700 shops.

• Poundland has taken a significant hit despite its budget offering to customers. ( ...
• It's a well known high street name, but River Island has been struggling with falling sales and footfall. (

Will malls be around in 10 years?

However, over the past couple of years, they have been facing a steep decline in popularity. Between 2017 and 2022, an average of 1,170 shopping malls closed each year. If this trend continues, up to 87% of malls in the U.S. could be shut down over the next 10 years.

Market Village Markham is Closing 😥

What mall is abandoned in the UK?

Shopping Mall W is a disused shopping mall in the north of England. Built in the early 1990s, it was once home to around 35 retail units, including national chains and local independents.

What is the oldest mall on Earth?

The oldest known living man is João Marinho Neto of Brazil, aged 113 years, 107 days. The 100 oldest women have, on average, lived several years longer than the 100 oldest men.

Is pub culture dying in England?

One pub a day disappeared for good in England and Wales during 2025 as sustained cost pressures continued to weigh heavily on the sector. Analysis of government statistics shows that 366 pubs were demolished or converted for other uses over the year to December.

What is the Sunday law in the UK?

On Sundays, large shops may open for no more than 6 continual hours between the period 10am and 6pm. All large shops must close on Easter Sunday. Under the Christmas Day (Trading Act) 2004 all large shops must close on Christmas Day on whatever day of the week it falls.

Does Gen Z go to the mall?

More than 60% of Gen Z visits malls to socialize and 42% see it as a social activity. The mall is where they meet friends, discover new brands, and linger over meals. It's a space that allows them to mix commerce with connection, reinforcing its role as a modern-day town square.

What family owns Wem?

The Mall was developed by the Triple Five Corporation, owned by the Ghermezian family of Edmonton. No strangers to local controversy, the Ghermezian brothers came under the international spotlight with the development of the WEM.

What are some famous examples of market villages?

Market towns grew up at centres of local activity and were an important feature of rural life and also became important centres of social life, as some place names suggest: Market Drayton, Market Harborough, Market Rasen, Market Deeping, Market Weighton, Chipping Norton, Chipping Ongar, and Chipping Sodbury – chipping ...

What is the most expensive mall in the world?

Dubai Mall – Most Expensive Mall in the World

Dubai Mall is among the most expensive and world largest shopping mall in the world; it is located in the bustling city of Dubai, UAE. This mall was opened in 2008 and offers an unparalleled shopping, dining, and entertainment experience to visitors.

What are the psychological effects of shopping?

Dopamine, serotonin and endorphins are just a few of the chemicals our brain releases when we engage in behaviors like shopping. This response is the reward center of our brain's way of urging us to keep doing things it sees as necessary for our survival — and the survival of our species.

What is the UK's oldest shop?

Chiddingstone Stores, may be the oldest working shop in the UK, dating back to 1453. Today it offers a wide range of groceries, greetings cards, gifts and homewares and ice creams. It also has an amazing traditional sweet counter.

Can you legally live in an abandoned house in the UK?

No, you generally cannot just move into an abandoned house in the UK; it's illegal and considered trespassing or squatting, with residential squatting becoming a criminal offense in England and Wales since 2012, risking fines or jail time, though you might claim ownership through adverse possession after 10-12 years of continuous, open occupation without permission, a complex legal process requiring Land Registry application.
 

What is the most famous mall in London?

While London has many famous shopping destinations, Harrods in Knightsbridge is arguably the most iconic and famous, known globally as a luxury department store with a rich history and distinctive green awnings, though Westfield London (Europe's largest) and Westfield Stratford City are massive, popular modern malls.
 

Which shops are closing in 2025?

Full List Of UK High Street Closures Confirmed For 2025 – M&S, Poundland, WH Smith And More Say Farewell. According to a warning from the British Retail Consortium (BRC), as many as 400 of Britain's largest shops including supermarkets and department stores with a rateable value over £500,000.

Will retail stores still exist in the future?

Despite the higher growth rate of e-commerce sales, Forrester forecasts that physical retail will make up almost 80% of global retail sales in 2025. In North America, 83.8% of retail sales for the fourth quarter of 2024 are projected to occur in physical stores, with the remaining 16.2% happening via e-commerce.

What will shopping look like in 2030?

The retail landscape is undergoing a dramatic transformation. By 2030, the stores we visit will be intelligent environments that respond to our presence, understand our preferences, and create personalized experiences that blur the line between physical and digital commerce.